7th Level Message Board

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Technology Stocks : 7th Level

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To: Scott Pedigo who wrote (562)	3/19/1998 10:11:00 AM
From: killybegs	Read Replies (1) of 1019

Hey, Scott..do great minds think alike or what? Anyway, followed SEVL for a bit and started to accumulate for a speculative pop. Reason: one of the conditions of the merger is a private placement of common for 15 million. Generally, that depresses the market price because those issues are usually priced at a discount to the market so a situation is set up where a lower stock price facilitates the deal. Once, and if, completed....we should see a move upward and we have the opportunity to get warrants for 10% of new company if it exceeds a certain market valuation. I'm interested in your thoughts on the technical merits of Pulse's tools and studio 7's stuff.

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